To the Point
Congress Reverses Itself, Bailout Goes to the White House
Congress has reversed itself and passed what's now called "economic rescue." We talk about what that could mean for the credit crunch and the crisis in housing. Also, an assessment of Sarah Palin and Joe Biden's performances in last night's debate, and Canadian writer Margaret Atwood on her latest book, which is remarkably timely.
By Warren Olney • • 1h 0m ListenCongress has reversed itself and passed what's now called "economic rescue." We talk about what that could mean for the credit crunch and the crisis in housing. Also, an assessment of Sarah Palin and Joe Biden's performances in last night's debate, and Canadian writer Margaret Atwood talks about debt as the subject of literature.
Banner image: (L-R) House Minority Leader Rep. John Boehner (R-OH) and Minority Whip Rep. Roy Blunt (R-MO). Photo by Alex Wong/Getty Images
In this episode
4 storiesIs the Economy Grinding to a Halt?
As Congress was debating the rescue, there was more bad news about the economy. Heidi Moore is lead writer for the Deal Journal blog at the Wall Street Journal.
Read the story6 minThe Biden-Palin Debate
Last night's vice-presidential debate will be old news by Tuesday, when John McCain and Barack Obama face off again . In the meantime, both national campaigns are breathing sighs of relief after neither Sarah Palin nor Joe Biden made a major mistake. For both sides that's good news of a kind.
Read the story15 minBailout Bill Goes to the White House
Congress reconsidered what's now called the "economic rescue" plan amid dismal news about employment and California's need for a big federal loan. Today the bailout passed by 263 to 171.
Read the story20 minA 'Novel' Approach to Debt
Personal finance and economic upheaval might not sound like subjects for literature. But one of Canada's best-known novelists and poets says that 19th century romance novels, just for example, are really about money. Margaret Atwood's novels, poems and essays have brought her many awards and millions of readers.
Read the story6 min
